The rise of bond financing in EuropeUsing large panel data of public and private firms, this paper dissects the growth … of bond financing in the Euro Area through the lens of the cross-section of issuers. In recent years, the composition of … bond issuers has shifted, with the entry of many smaller and riskier issuers. New issuers invest and grow, instead of …

This paper investigates the performance of socially screened bond portfolios of 189 Eurozone companies between 2003 and … 2016. Bond portfolios are formed on the basis of an aggregate measure of corporate social responsibility (CSR) as well as … bond portfolio performance over time. The results indicate that in an earlier stage portfolios of high-rated bonds …

We investigate the synchronization of Eurozone's government bond yields at different maturities. For this purpose, we … combine principal component analysis with random matrix theory. We find that synchronization depends upon yields maturity … partially recover after 2015. We show the existence of a duality between our empirical results and portfolio theory and we point …

). Progress into fixed income asset pricing has been slow, and there is still no consensus of which combinations of bond indexes … duration factor, a global bond factor, a credit factor, and three exchange rate factors, the resulting ten-factor model can …